Negosentro.com | What You Need to Know About Pet Insurance | A good pet insurance policy should take the worry and stress away when you have to deal with unexpected medical bills and make sure you can focus on getting your pet the care that they need. However, finding the right policy can be overwhelming, and choosing the wrong one may cost you time and money.
Pet insurance policies such as pumpkin insurance range in what they cover as well as what they exclude. It is important to read the small print, do extensive research, and compare a range of companies before deciding on a plan that suits you and your pet.
Keep reading to find out what you need to know about pet insurance.
A young pet with no existing health issues will likely be covered by any plan, however, some companies will not cover older pets. Usually, puppies and kittens should be older than ten weeks before they can be insured. While some plans do not have a maximum age limit, some may have a cut-off. Once you have enrolled, many policies will give you cover for life if you continue to pay the monthly premium.
For some plans, it may be necessary that your pet has been to the vet in the last twelve months or they will ask you to take your pet for an examination before they sign off on the policy.
Type of cover
Some policies will only cover accidents, while others may offer more comprehensive coverage of both accidents and illnesses. If you choose an accident-only policy, your pet is only covered in the case of an injury such as a car accident. They will not be covered if your pet gets sick.
While some plans may cover behavioral and alternative treatments such as chiropractic or acupuncture treatments, others will only offer limited coverage. If you want to cover for alternative treatments, make sure to read the details of the types of treatments that are covered, as the definition of “alternative care” is somewhat ambiguous.
If your pet becomes ill with a continual condition, many companies will not let you extend the policy in the following year, unless you increase the amount you pay.
Some policies may pay for treatments, surgeries, and drugs but don’t cover examination or routine checkup fees.
Most policies do not cover basic vaccinations, spaying, neutering, and teeth companies, while others will offer coverage for these treatments at an additional cost.
Some plans do not have a payout limit, but most do have maximum payout limits. This is where you need to read the small print of the policy carefully. The policy may offer a limit for the year, lifetime, or for a type of incident. There may also be a range of limits.
This is the amount you have to pay for the treatment before the insurer will step in. Some insurers apply the deductible annually and once you have paid it, the insurer will reimburse you. This is usually reset at the start of every year.
Other plans may apply the deductible per incident. Once you have paid the deductible toward a certain treatment, the plan will reimburse you up to the limit even if it continues into the next year. However, if your pet develops a range of problems, you will need to pay the deductible for each one.
To sum up
Decide what type of insurance coverage you require and then look to a range of insurers for quotes. Compare the price and type of coverage that each company offers and make sure to read the details of the fine print.